You are viewing a single comment's thread from:
RE: Websites using visitor's computing power to mine Crypto Currencies - Good or Bad?
This definitely has potential in the short term. And I think it can have a full long term potential once the underlying mining script exchanges actual computer power to a network where this power will be used directly later (as a utility). Much like the idea behind Golem - but it's embedded in a JavaScript code.
I know right! That computing power can then be used to do other things like running scientific calculations. Future holds so much for blockchain technology.
I don't know much about Golem, what does it do in layman terms?
Not that I'm the best expert in it, but from what I understand, it's a P2P computer power exchange. Through Golem network, you can rent out your computation power (like how you rent out your storage space with Siacoin) and earn GNTs. Or you can buy computation power, as if you're renting servers from AWS.
Doing so through the browser would be even cooler; though I'm not sure if that's technically possible.